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U.S. Banking System

Bank Bailout - How the U.S. Can Prevent Another One

Regarding its banking system, the United States has now experienced its third generation of "heads the banks win, tails the taxpayer and the public loses.” Is there a better way? Is it possible to create a bank that serves the people of the United States?
2012 Election

New Hampshire Primary: Five Crucial Questions

After months of campaigning and enough debates to enervate even the most fanatic political junkies, the New Hampshire primaries are upon us. Here are the essential questions facing the horses remaining in this race, from how big Mitt Romney will win to whether Newt Gingrich and Jon Huntsman can build some momentum.
Asia's Markets

Nikkei, Asia Markets Close Higher Tuesday on Alcoa Earnings

The Nikkei share average edged up on Tuesday after revenue at U.S. aluminum giant Alcoa beat expectations, while Olympus jumped 20 percent on reports it would remain listed, but the benchmark remained stuck below key resistance ahead of events in Europe.
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Exclusive: Former Goldman trader Sze's Asia hedge fund down

A hedge fund set up by former Goldman Sachs trader Morgan Sze -- the biggest launched in Asia in 2011 -- lost 6.8 percent last year, two sources with direct knowledge of the matter told Reuters, as it was rattled by a sharp drop in Chinese shares.
A model poses with a Galaxy Note of Samsung Electronics during a local launch event for Samsung's mobile devices at the company's headquarters in Seoul

Samsung Overtakes Apple; Set to Defeat Nokia

Samsung Electronics Co, the world's biggest technology firm by revenue and the world's No.2 handset maker, is confident of its handset shipments overtaking that of Nokia this year, its chief executive said on Monday.
The Olympus logo on its camera is seen in this illustrative photograph taken in Tokyo

Olympus Sues Top Execs, Will Purge Board; Stock Soars

Japan's disgraced Olympus Corp is suing 19 current and former executives, including its current president, for up to almost $50 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals.
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SEC wants banks to say more on European debt exposure

Jan 9 - The Securities and Exchange Commission has urged banks to publish more details about their exposure to European sovereign debt, a factor in the recent bankruptcy of the futures brokerage MF Global Holdings Ltd .
Donald Trump

Trump Lands Great Deal for Bronx Golf Course

City records show that Donald Trump is set to manage a PGA-regulation golf course in the Bronx and will not need to pay any to money to the city for the first four years of operation. On the fifth year, Trump will have to pay a minimum of $300,000 or 7 percent of the course's gross and by year 16 he will have to pay only 10 percent or $420,000 to the city.
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Exclusive: SocGen sees 2012 investment-bank revenue slump

French bank Societe Generale is forecasting a significant drop in 2012 investment-bank revenue compared with 2011, weighed by higher funding costs and efforts to slash its balance sheet, according to an internal memo obtained by Reuters on Monday.
Gold bars in Saudi Arabia

Gold to Reach $1,940 by Yearend - Goldman Sachs

Oil, gold and base metals are Goldman Sachs' top commodity picks this year, with big upside risk in oil due to tight fundamentals and a potential Iranian conflict, the investment bank said on Monday.

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